McCormick & Company, Incorporated (MKC)
NYSE: MKC · Real-Time Price · USD
60.15
-1.05 (-1.72%)
Jan 23, 2026, 10:25 AM EST - Market open

McCormick & Company Statistics

Total Valuation

MKC has a market cap or net worth of $16.15 billion. The enterprise value is $19.94 billion.

Market Cap16.15B
Enterprise Value 19.94B

Important Dates

The last earnings date was Thursday, January 22, 2026, before market open.

Earnings Date Jan 22, 2026
Ex-Dividend Date Dec 29, 2025

Share Statistics

MKC has 268.44 million shares outstanding. The number of shares has decreased by -0.07% in one year.

Current Share Class 253.59M
Shares Outstanding 268.44M
Shares Change (YoY) -0.07%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.50%
Owned by Institutions (%) 87.82%
Float 264.78M

Valuation Ratios

The trailing PE ratio is 20.51 and the forward PE ratio is 19.45. MKC's PEG ratio is 3.00.

PE Ratio 20.51
Forward PE 19.45
PS Ratio 2.40
Forward PS 2.10
PB Ratio 2.87
P/TBV Ratio n/a
P/FCF Ratio 21.67
P/OCF Ratio 16.67
PEG Ratio 3.00
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.07, with an EV/FCF ratio of 26.93.

EV / Earnings 25.26
EV / Sales 2.92
EV / EBITDA 15.07
EV / EBIT 18.26
EV / FCF 26.93

Financial Position

The company has a current ratio of 0.70, with a Debt / Equity ratio of 0.69.

Current Ratio 0.70
Quick Ratio 0.24
Debt / Equity 0.69
Debt / EBITDA 3.02
Debt / FCF 5.40
Interest Coverage 5.57

Financial Efficiency

Return on equity (ROE) is 14.24% and return on invested capital (ROIC) is 8.88%.

Return on Equity (ROE) 14.24%
Return on Assets (ROA) 5.20%
Return on Invested Capital (ROIC) 8.88%
Return on Capital Employed (ROCE) 10.77%
Weighted Average Cost of Capital (WACC) 6.90%
Revenue Per Employee $485,128
Profits Per Employee $55,986
Employee Count14,100
Asset Turnover 0.52
Inventory Turnover 3.38

Taxes

In the past 12 months, MKC has paid $195.80 million in taxes.

Income Tax 195.80M
Effective Tax Rate 19.87%

Stock Price Statistics

The stock price has decreased by -18.41% in the last 52 weeks. The beta is 0.62, so MKC's price volatility has been lower than the market average.

Beta (5Y) 0.62
52-Week Price Change -18.41%
50-Day Moving Average 66.56
200-Day Moving Average 69.89
Relative Strength Index (RSI) 27.95
Average Volume (20 Days) 3,647,847

Short Selling Information

The latest short interest is 11.67 million, so 4.35% of the outstanding shares have been sold short.

Short Interest 11.67M
Short Previous Month 11.76M
Short % of Shares Out 4.35%
Short % of Float 4.41%
Short Ratio (days to cover) 4.08

Income Statement

In the last 12 months, MKC had revenue of $6.84 billion and earned $789.40 million in profits. Earnings per share was $2.93.

Revenue6.84B
Gross Profit 2.59B
Operating Income 1.09B
Pretax Income 985.20M
Net Income 789.40M
EBITDA 1.32B
EBIT 1.09B
Earnings Per Share (EPS) $2.93
Full Income Statement

Balance Sheet

The company has $95.90 million in cash and $4.00 billion in debt, with a net cash position of -$3.90 billion or -$14.53 per share.

Cash & Cash Equivalents 95.90M
Total Debt 4.00B
Net Cash -3.90B
Net Cash Per Share -$14.53
Equity (Book Value) 5.77B
Book Value Per Share 21.36
Working Capital -924.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $962.20 million and capital expenditures -$221.80 million, giving a free cash flow of $740.40 million.

Operating Cash Flow 962.20M
Capital Expenditures -221.80M
Free Cash Flow 740.40M
FCF Per Share $2.76
Full Cash Flow Statement

Margins

Gross margin is 37.90%, with operating and profit margins of 15.96% and 11.54%.

Gross Margin 37.90%
Operating Margin 15.96%
Pretax Margin 14.40%
Profit Margin 11.54%
EBITDA Margin 19.34%
EBIT Margin 15.96%
FCF Margin 10.82%

Dividends & Yields

This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 3.20%.

Dividend Per Share $1.92
Dividend Yield 3.20%
Dividend Growth (YoY) 7.02%
Years of Dividend Growth 39
Payout Ratio 62.46%
Buyback Yield 0.07%
Shareholder Yield 3.29%
Earnings Yield 4.92%
FCF Yield 4.62%
Dividend Details

Analyst Forecast

The average price target for MKC is $75.00, which is 24.69% higher than the current price. The consensus rating is "Hold".

Price Target $75.00
Price Target Difference 24.69%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) 3.50%
EPS Growth Forecast (5Y) 9.75%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on December 1, 2020. It was a forward split with a ratio of 2:1.

Last Split Date Dec 1, 2020
Split Type Forward
Split Ratio 2:1

Scores

MKC has an Altman Z-Score of 2.7 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.7
Piotroski F-Score 6